Fifth Third Bancorp Takes Position in Capital Group Core Equity ETF $CGUS

Fifth Third Bancorp acquired a new position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,076 shares of the company’s stock, valued at approximately $40,000.

Several other large investors have also added to or reduced their stakes in the stock. Golden State Wealth Management LLC bought a new stake in shares of Capital Group Core Equity ETF during the 1st quarter valued at about $29,000. Chilton Capital Management LLC bought a new stake in Capital Group Core Equity ETF during the first quarter valued at approximately $31,000. IAG Wealth Partners LLC grew its stake in Capital Group Core Equity ETF by 514.1% in the 1st quarter. IAG Wealth Partners LLC now owns 2,180 shares of the company’s stock worth $73,000 after buying an additional 1,825 shares in the last quarter. First PREMIER Bank bought a new position in shares of Capital Group Core Equity ETF in the 2nd quarter worth $83,000. Finally, Synergy Investment Management LLC raised its position in shares of Capital Group Core Equity ETF by 101.0% during the 1st quarter. Synergy Investment Management LLC now owns 2,885 shares of the company’s stock valued at $96,000 after buying an additional 1,450 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

Shares of NYSEARCA:CGUS opened at $39.86 on Friday. The firm has a market capitalization of $6.80 billion, a PE ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a 52-week low of $28.95 and a 52-week high of $39.93. The firm has a fifty day moving average of $38.74 and a 200 day moving average of $36.05.

Capital Group Core Equity ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were given a dividend of $0.0925 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.37 annualized dividend and a dividend yield of 0.9%.

Capital Group Core Equity ETF Company Profile

The Capital Group Core Equity ETF (CGUS) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in companies believed to have the potential for appreciation and\u002For dividends. CGUS was launched on Feb 22, 2022 and is managed by Capital Group.